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Air China Reports Q1 Loss As Revenues Stay Flat

Air China, one of the leading carriers in mainland China, reported a first-quarter net loss of US$281 million, reflecting continued financial pressures across the Chinese aviation market. The airline’s total revenues for Q1 2025 held steady at US$5.4 billion, showing no significant growth compared to the same period last year.

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Lufthansa Group Reports 2024 Financial Performance

Lufthansa Group, Germany’s flagship airline conglomerate, reported a 6% increase in revenue for the fiscal year 2024, totaling US$40.2 billion. The company’s Adjusted EBIT (Earnings Before Interest and Taxes) for the year was US$1.7 billion, with the fourth quarter contributing US$501 million to this figure.

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Air Lease Chairman Criticizes Aircraft Delivery Delays

Air Lease Corporation (US) executive chairman Steven Udvar-Hazy has voiced concerns over the growing delays in aircraft deliveries from major manufacturers. Speaking on the issue, Udvar-Hazy remarked that in some cases, the delays are becoming even more severe, with the reliability of manufacturers’ estimated delivery timelines now in question.

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Spirit Airlines Faces Uncertainty Over 2025 Operations

Spirit Airlines (US) has expressed “substantial doubt” about its ability to sustain operations through 2025, attributing the concern to significant financial losses and difficult market conditions. This announcement underscores the challenges faced by the low-cost carrier amid heightened competition and rising costs.